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smooth
@smooth
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2016-03-25 13:36
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smooth
hbd
4y
RE: HBD stabilizer continuation September 2022
The latest HBD stabilizer continuation is still going. Everything is working fine. @dalz sometimes posts statistics.
$ 0.032
6
4
smooth
LeoFinance
4y
RE: The Most Undiscovered Gem Of Hive
If the value of all of the HBD exceeds 30% of the value of HBD+HIVE, you can still convert HBD to HIVE but the converted value will be reduced. Last I saw the ratio was under 10%, so this is not close
$ 0.000
0
smooth
hbd
4y
RE: HBD stabilizer continuation September 2022
Great. I vote them every day. PS. I misclicked on your comment, meant to upvote 1%. Some sort of glitch and now I can't change the vote. Enjoy.
smooth
hbd
4y
RE: HBD stabilizer continuation September 2022
It is maxed out given available funding from DHF, which does tend to grow over time. You can provide additional support by voting on the daily comments from hbdfunder (supports hbdstabilizer AND increases
smooth
LeoFinance
4y
RE: How Is The HBD Liquidity Doing? | Data On HBD Trading Volume, Liquidity, Top Accounts On The Internal DEX And Other Exchanges
Upbit HBD to Bitcoin volume is just fine. If an exchange has their wallet offline for much of last year, it shouldn't come as a surprise that few want to use it.
smooth
LeoFinance
4y
RE: How Is The HBD Liquidity Doing? | Data On HBD Trading Volume, Liquidity, Top Accounts On The Internal DEX And Other Exchanges
hbdstabilizer is at the top for buying but not selling because, as shown in your previous post, the HBD supply contracted during the year. So prevailing fundamental forces forced the stabilizer to participate
smooth
LeoFinance
4y
RE: Data On The HBDStabilizer Performance In 2022 | Contracting The HBD Supply At A Profit!
I wouldn't consider it a priority. We only have a few million in savings, despite the 20%.
smooth
LeoFinance
4y
RE: Data On The HBDStabilizer Performance In 2022 | Contracting The HBD Supply At A Profit!
That might be reasonable, but there is certainly a potential disadvantage to the blockchain here as well. If you have term deposits then the blockchain is stuck paying the higher rate for longer. That
smooth
LeoFinance
4y
RE: Data On The HBDStabilizer Performance In 2022 | Contracting The HBD Supply At A Profit!
The stabilizer, not even accounting for the 5% conversion fee, has generated a profit for Hive of almost $2 million while I doubt we have even paid $1 million in interest (would require 5 million HBD in
smooth
LeoFinance
4y
RE: Data On The HBDStabilizer Performance In 2022 | Contracting The HBD Supply At A Profit!
since if you convert 0.95 HBD to $1 worth of HIVE, then in essence the HIVE supply has increased, hasn't it No. Each HBD represents $1 worth of HIVE regardless of its trading price. These conversions don't
smooth
LeoFinance
4y
RE: Data On The HBDStabilizer Performance In 2022 | Contracting The HBD Supply At A Profit!
I don't know about December.
smooth
LeoFinance
4y
RE: Data On The HBDStabilizer Performance In 2022 | Contracting The HBD Supply At A Profit!
It's certainly easy to calculate since numerically 5% of the HIVE converted is just destroyed with nothing in return. Interpreting what that burn means is less objective. I think a burn like that with
smooth
LeoFinance
4y
RE: Data On The HBDStabilizer Performance In 2022 | Contracting The HBD Supply At A Profit!
Another source of profit "to the blockchain" or Hive ecosystem (but not directly to DHF) is the 5% fees on conversions from HIVE to HBD. That's not necessarily attributable to the stabilizer
smooth
LeoFinance
4y
RE: HBD stablecoin - Is the 20% APR compounding interest daily or monthly?
Correct
smooth
LeoFinance
4y
RE: HBD stablecoin - Is the 20% APR compounding interest daily or monthly?
Yes you're right, off by 100x, fixed.
smooth
LeoFinance
4y
RE: HBD stablecoin - Is the 20% APR compounding interest daily or monthly?
It is simple interest accrued every block (i.e. 20% ≈ 0.00019% 0.0000019% every 3 seconds). However, you can only claim it every 30 days so that's the point at which it could compound (interest earned
smooth
hbd
4y
RE: HBD stabilizer continuation September 2022
No.
smooth
Deutsch D-A-CH
4y
RE: Will HBD remain stable no matter how low HIVE falls?
Feel free to repost it. I don't use that app.
smooth
LeoFinance
4y
RE: Advances: Three businesses join the adoption of our HIVE/HBD cryptoassets in the city of Cumaná.
How are the payments processed?
smooth
Deutsch D-A-CH
4y
RE: Will HBD remain stable no matter how low HIVE falls?
It's not what you call "exponential" (I would just call it unstable) because of the haircut rule. HBD gradually loses its backing if the HIVE drops in price too much (more than 30% of Hive market
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